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OBR chair ‘mortified’ by budget leak as ex-cybersecurity chief called in to investigate

Richard Hughes, head of Office for Budget Responsibility, says he has apologised to chancellor for ‘letting people down’How Rachel Reeves’s budget was leaked 40 minutes earlyBusiness live – latest updatesUK politics live – latest updatesThe chair of the Office for...

Working people would have been better off if Reeves had broken manifesto promise on raising income tax, thinktank says

The left-leaning Resolution Foundation says freezing income tax thresholds less progressive than raising income tax rates by 1pAsk the Guardian your budget questionsGood morning. Rachel Reeves, the chancellor, has been speaking to broadcasters and defending her...

West is ‘missing obscure sanctions that could set back Russia’s war machine’

US group Dekleptocracy identifies chemicals used for military vehicles’ lubricants and tyres as potential vulnerabilitiesA US group has identified several obscure but potentially key sanctions it says could seriously disrupt Russia’s war effort in Ukraine after last...